Takuechi Finance Takuechi Finance
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Sat April 21 2018

Related Information
Related Information
Related Information
Related Information

News » Over £20m » Demolition starts on Edinburgh shopping mall » published 24 Oct 2016

Demolition starts on Edinburgh shopping mall

Laing O’Rourke has been formally appointed as main contractor for the £1bn redevelopment of Edinburgh's St James shopping centre.

CGI of the redeveloped St James centre. Above: CGI of the redeveloped St James centre.

Laing O’Rourke was appointed last year on a consultancy basis to advise on pre-construction. The client is TH Real Estate and Dutch pension asset manager APG have formed a joint venture to develop one of the UK’s largest private sector regeneration projects.

Edinburgh St James will comprise 80,000 m2 (850,000 sq ft) of retail space, a multi-screen cinema, a 214-room hotel and 150 flats for private sale.

An 18-month demolition phase now begins on the existing 1960s St James Shopping centre. The retail and leisure element of the redevelopment is anticipated to complete in 2020, followed by full scheme completion in 2021.

Laing O’Rourke chairman and chief executive Ray O’Rourke said his firm would be exploiting offsite manufacturing systems to bring the project in on time and budget

Robert-Jan Foortse, APG head of European property investments, said:  “The Edinburgh St James project is one the UK’s largest and most significant regeneration projects.  We are excited to become part of this scheme that will transform and reinforce the heart of Edinburgh city centre with the creation of a new shopping destination.”



Further Images

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 24 Oct 2016 (last updated on 24 Oct 2016).

More News Channels